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melissa: union anger explodes in michigan. the state passes right-to-work laws, dealing a huge punch to union power. but they are not going down without a fight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top marketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow clo
melissa: union anger explodes in michigan. the state passes right-to-work laws, dealing a huge punch to union power. but they are not going down without a fight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50...
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we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't
we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that...
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we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is taking away your rights to bargain for better wages and working conditions. david: "trying to take away your rights to bargain" is what what the bill is? >> not at all. it has nothing to do with collective bargaining. i believe in collective bargaining. this is about worker freedom, the union and workers, and this is a situation in which we're giving workers better freedom to choose than not have their dollars go to the union if they don't see value. in fact, i don't view it as anti-union, but the unions to accept up and why they add values to workers when workers see the va
we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what...
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targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >> as the unions work for wages if you're not a member you benefit even though you don't pay the dues. this is about killing the few remaining strong unions that built the middle-class. neil: and what do you think this new benefit with the union does? >> that is how they one negative. they want the privilege to represent every worker they protect the monopoly privilege then say somehow workers that never our store voter wanted union are forced to pay the fee to keep a job. >> should they be held to the standard? has nothing to do with the unions they will discover what of lower nominal increase they see that afforded the pri
targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >>...